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Because the way P&F charts are designed, you can make a lot of money just
by alternating buys and sells from bar to bar. I applied your system to
the S&P and it looked like that was what was going on. Problem is, you
only know the information in a P&F in history, you can't determine it
real-time. This is not the grail -- sorry.
Regards,
Charlie
On Mon, 10 Aug 1998 08:25:41 PDT "MEM CM" <mem_cm@xxxxxxxxxxx> writes:
>When putting this system on a P&F Chart is shows that it is 90%
>profitable in many markets. The main point here is how realistic is
>this
>system ?
>
>
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